Unisys (NYSE:UIS) Issues Earnings Results

Unisys (NYSE:UIS) issued its earnings results on Monday. The information technology services provider reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.17, Briefing.com reports. Unisys had a negative return on equity of 17.04% and a negative net margin of 20.37%. The company had revenue of $478.20 million during the quarter, compared to analysts’ expectations of $485.93 million. During the same period in the prior year, the business earned ($0.09) EPS. The firm’s quarterly revenue was up .3% on a year-over-year basis.

Unisys Trading Down 7.7 %

Unisys stock traded down $0.29 during midday trading on Wednesday, hitting $3.50. 609,552 shares of the stock were exchanged, compared to its average volume of 595,225. The stock’s 50-day simple moving average is $4.38 and its 200 day simple moving average is $5.22. Unisys has a fifty-two week low of $2.60 and a fifty-two week high of $8.12. The stock has a market capitalization of $242.30 million, a price-to-earnings ratio of -0.59 and a beta of 0.86.

Insider Buying and Selling at Unisys

In other news, Director Roxanne Taylor sold 78,868 shares of Unisys stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $5.08, for a total transaction of $400,649.44. Following the sale, the director now owns 8,009 shares of the company’s stock, valued at approximately $40,685.72. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.70% of the stock is currently owned by company insiders.

About Unisys

Unisys Corporation, together with its subsidiaries, operates as an information technology solutions company in the United States and internationally. It operates in three segments: Digital Workplace Solutions (DWS); Cloud, Applications & Infrastructure Solutions (CA&I); and Enterprise Computing Solutions.